102 Lake Sterling Gate DrSpringTX77379
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Spring at 102 Lake Sterling Gate Dr, Spring, TX, 77379 priced at $1,750,000 pairs $4,979/mo rent with after a $8,565/mo payment. Total monthly income equals $4,979/mo. Return on cash invested is 4.57% in year one, and rental yield stands at 3.41% on a $1,750,000 basis. Equity gained on principal adds $11,292/yr, and 5% annual appreciation accumulates to $483,493 by year five. Five-year ROI measures 21.73% and total cumulative return in cash reaches $123,189. For financing, Ziffy Mortgage’s DSCR program evaluates $4,979/mo property income against a $8,565/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77379, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,204 (100%) |
| Owner Occupied HU | 22,558 (67.9%) |
| Renter Occupied HU | 8,869 (26.7%) |
| Vacant Housing Units | 1,777 ( 5.4%) |
| Median Home Value | $356,303 |
| Average Home Value | $400,335 |
Housing Distribution
Address Breakdown
Residential
31,197
Single Family
25,921
Multi-Family
5,276
Businesses
1,837
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